Clinton Foundation Taps New CEO

A longtime partner at McKinsey & Co. will take the helm of the Clinton Foundation as its new CEO.

Eric Braverman has been with McKinsey since 1997, serving as a partner in the public sector practice and “directing work on government innovation and counseling clients on strategy, organization, and partnership between the public, private, and social sectors.” He also has experience with disaster relief and reconstruction, including work with the Clinton Foundation on its recovery efforts in Haiti following the January 2010 earthquake.

Braverman, whose appointment takes effect on July 8, will succeed Bruce Lindsey, who was CEO since 2004. Lindsey will continue as chairman of the board, counselor, and advisor to Braverman, according to the foundation. The Clinton Foundation made the announcement on Tuesday.

No salary was specified in the announcement. The foundation reported total compensation for Lindsey of $319,605 in the Fiscal Year ending December 2011, according to the latest available Form 990. The Clinton Foundation reported total revenue of $212 million last year, according to audited financial statements.